API Leads IPSAS and IFRS Training for National Audit Office of The Gambia
This comprehensive ten-day training focused on building capacity and fostering the principles of transparency, accountability, and good financial governance within The Gambia’s public sector. The program was met with enthusiastic participation from NAO leadership and staff, reflecting their dedication to professional excellence and improving public finance management (PFM).
Key Highlights of the Training
The course covered critical topics, including the conceptual framework of IPSAS, transitioning to accrual-based IPSAS, financial reporting essentials, and practical applications of auditing IPSAS-compliant financial statements. Participants explored real-world scenarios and engaged in hands-on exercises, gaining the skills necessary to produce high-quality financial reports and effectively audit public resources.
Among the key modules covered were:
- Presentation of financial statements and required disclosures.
- Management of public assets like property and equipment.
- Handling revenue from non-exchange transactions, including grants and taxes.
- Strategic steps for first-time adoption of accrual-based IPSAS.
Outcomes and Feedback
The training was transformative for participants, equipping them with actionable skills and deeper insights into global public finance standards. Key outcomes included:
- Enhanced Capacity: Participants are now better equipped to prepare and audit financial statements that meet IPSAS and IFRS compliance.
- Practical Insights: Real-world applications enriched the learning experience and prepared attendees for immediate implementation.
- Strong Impact: Participant feedback rated the training highly for its relevance, structure, and delivery.
The leadership of NAO The Gambia commended API for the program’s quality and expressed their commitment to embedding IPSAS principles within their operations.
Driving Africa’s Public Sector Transformation
As a trailblazer in public sector professionalisation, API has invested heavily in developing technical capacity within its secretariat and network to effectively serve government entities across Africa. This initiative aligns with API’s mission to grow the capacity of public sector finance management professionals through high-quality, relevant, and future-ready learning programs.
API’s vision of an African public sector sustainably capacitated with competent, ethical, and influential professionals continues to gain momentum. By fostering accountability and transparency, API is actively contributing to socio-economic development and the enhancement of public trust.
Call to Action
API encourages all government institutions, including Auditor Generals, Accountant Generals, and other public entities, to enroll in IPSAS and IFRS training programs. These in-house training sessions are designed to meet the unique needs of public sector professionals, empowering them to comply with public finance laws and drive meaningful change.
To learn more about API’s IPSAS and IFRS programs or to schedule a training session, visit www.professionalisation.africa and reach us on info@professionalisation.africa
Acknowledgements
API extends its gratitude to the National Audit Office of The Gambia leadership under the visionary guidance of AG Modou Ceesay, for their active engagement and dedication to Professionalisation and staff development. Together, we are shaping the future of public sector finance management in Africa.
About The API
The African Professionalisation Initiative is an independent non-profit organisation whose primary objective is to strengthen the capacity and knowledge base of accounting and auditing professionals in the African public sector to enhance accounting and auditing service delivery to the citizens of Africa.
Our Vision: An African public sector sustainably capacitated with competent, ethical and influential professionals who support accountability, transparency and good financial governance. Our Mission: Grow the capacity of public sector finance management professionals in the African public sector through high quality, relevant and future fit learning programmes.
The API Partner Organisations
The African Professionalisation Initiative is a partnership between the accountancy profession (represented by the Pan African Federation of Accountants (“PAFA”)), Accountants General or their equivalent (African Association of Accountants General – “AAAG”)), and supreme audit institutions or courts of auditors (represented by the English (“AFROSAI-E”) and French (“CREFIAF”) language sub-groups of the African Organisation of Supreme Audit Institutions (“AFROSAI”)).
API is not a PAO
The African Professionalisation Initiative (API) operates not as a Professional Accountancy Organisation (PAO), but as a facilitator and catalyst for the professionalisation of public sector accountants and auditors. This critical role accelerates accountability and transparency within the public sector. Consequently, it increases the number of professional accountants eligible for membership in national PAOs, thereby enhancing their effectiveness. This growth strengthens the accountancy profession at the national level through the Pan African Federation of Accountants (PAFA) on the continental level, and with the International Federation of Accountants (IFAC) on the international level.
The API Houses / Learning Programmes
As API embarks on this exciting Professionalisation journey, it remains steadfast in its mission to grow the capacity of public sector finance management professionals through high-quality, relevant, and future-fit learning programmes. The flexible, comprehensive learning programme offers a transformative educational experience designed to be completed in 12 to 18 months, empowering professionals to achieve their goals at their own pace, anywhere, and anytime.
Please choose below the house that works for you and drop us a mail – info@professionalisation.africa
Houses (Learning Programmes) |
Careers / Jobs for API Graduates |
| House 1 – Incumbents (Experienced un-professionalised accountants and auditors) – Register for Public Sector Professionalisation for Career Success | ✔ Government Accountant ✔ Budget Analyst ✔ Financial controller ✔ Government Auditor ✔ Tax examiner ✔ Public Financial Management Consultant ✔ Non-profit Accountant ✔ Financial Analyst ✔ Grants and Contracts Manager ✔ Compliance Officer ✔ Public Sector Financial Reporting Specialist ✔ Sector specific accountants, auditors, advisors e.t.c. |
| House 2 – Specialisation – Ready for occupation from 2024 | |
| House 3 – Students – Ready for occupation in 2025 | |
| House 4 – Micro credentials – Unique Areas of need by governments: E.g. The Public Sector Ethics Certification that is available for all government accountants, auditors and other officers etc. | |
| House 5 – Continuing Professional Development (CPD) – Register for Public Sector CPD Events – Get 12 Hours of Excellence in 12 Months | |
| House 6 – Sector specific learning programmes or certifications or Micro credentials e.g. Learning Programme on performance audits for health sector commodities. | |
House 7 – PFM and AI Consulting Services: We empower the public sector and governments with cutting-edge knowledge and skills. We offer specialized consulting and in-house training designed to help you harness value in areas of your needs. Available currently is the service focused on “Effective use of PFM and AI to drive service efficiency in the public sector”.
Consult with us today to discover the future of public service! |
Benefits to Governments
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House 8 – API Professional Alumni NetworkUnleashing Africa’s Next Generation of Financial LeadersVisionary Circle – USD 29 Annual SubscriptionFor those ready to lead Africa’s financial future.
Pioneers Network – USD 49 Annual Subscription For trailblazers driving financial transformation in underserved regions.
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